Discover wallet protection is a scam?

All about Discover & Diners Club - talk about their credit card deals such as the More, Miles, Escape, and others.
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Discover wallet protection is a scam?

Postby pmww » Mon Jun 27, 2011 12:56 am

I am so worried now that Discover has me enrolled. The phone representative made is sound like such a valuable service and that's why I agreed to signup. The benefits guide has not came in the mail yet and I went to bing to find it online and right there under the official page for the Discover wallet protection there are a bunch of nasty reviews about the program where customers have said they were scammed by it. I am scared Discover will do the same to me. How do I cancel before the fees.

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Postby Money card » Sat Jul 02, 2011 11:25 pm

You are correct. I got calls from Exxon/Mobil and American express. call as soon as possible If you don't remember the number they gave you call Discover.

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Postby Mogul of Pineapples » Wed Jul 13, 2011 8:33 pm

This site advertises Discover and make no mistake about it, they get complaints like every other card issuer, but I don't recall hearing any specific complaints about Discover's Wallet Protection service. In my personal opinion, I don't believe services such as these are worth the money for most people, but that doesn't necessarily make it a "scam" per say. However if someone has personal experiences/reviews for this service, good or bad, please post below.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

Current Cards:
American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
Primary Everyday Card: American Express Blue Cash
Primary Travel Card: Chase Sapphire Preferred

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